(a) Financing furnished by the seller of Project Home needs to be subordinate to your 504 loan. SBA may waive the subordination necessity In case the assets is classed as “other real-estate owned” by a national lender or other Federally controlled lender and SBA considers the home to be of https://rocket-cash-loan83420.tinyblogging.com/detailed-notes-on-503-loan-79356031